SOS reported six months revenue of $431.79 million relative to 353.48 million in 2016 a 22% increase, while for the second quarter revenues amounted to $211.603 million up 24% compared to the $171.05 million reported in the corresponding period of 2016. The company’s cost of sales totaled $223.60 million up 24% relative to the $180.65
U.S.: U.S. trade gap edges up; deficit with China at 11-month high The U.S. trade deficit increased less than expected in July as both exports and imports fell, suggesting that trade could contribute to economic growth in the third quarter. The Commerce Department said on Wednesday the trade gap rose 0.3 percent to $43.7 billion.
NCB Financial Group Limited (NCBFG) has advised that National Commercial Bank Jamaica Limited has appointed Mr. Brian Boothe to act as Head of the Retail Banking Division and Mr. Andrew Simpson to act as Head of the Corporate Banking Division, effective September 4, 2017.
tTech Limited (TTECH) has advised that a Director purchased 29,840 TTECH shares on August 31, 2017.
Eppley Limited (EPLY) has advised that a Director sold 4,630 EPLY shares on August 31, 2017.
Mayberry Investments Limited (MIL) has advised that a connected party sold 50,000 MIL shares on August 31, 2017. MIL further advised that a connected party purchased 631 MIL shares on September 1, 2017.
Europe: Euro Area Poised for Fastest Economic Expansion in a Decade Euro-area economic growth remained solid in August even as services activity slowed, according to IHS Markit. A composite Purchasing Managers’ Index held at 55.7 last month, slightly below an Aug. 23 flash estimate of 55.8. IHS Markit said on Tuesday that although the region’s
Europe: U.K. Construction Growth Unexpectedly Slows to Weakest in a Year U.K. construction growth unexpectedly slowed to the weakest in a year in August, as the industry was hit by reduced business investment and heightened economic uncertainty, according to IHS Markit. The Purchasing Managers’ Index fell to 51.1, the lowest since August 2016, and down
Scotia Investments Jamaica Limited (SIJL) has advised that its shareholders voted in favour of the Scheme of Arrangement whereby shares held by the minority shareholders are to be cancelled, and in consideration of which, shareholders shall receive J$38.00 per share or the US$ equivalent from the Scotia Group Jamaica Limited. SIJL has further advised that
tTech Limited (TTECH) has advised of the resignation of Natalya Petrekin effective August 31, 2017.
